Zhitong Finance App News, Changxin Technology (688825.SH) issued an announcement. According to the rebate mechanism announced in the “Notice on the Initial Public Offering of Shares by Changxin Technology Group Co., Ltd.”, due to the initial effective subscription ratio of this online offering was about 243.93 times, more than 100 times, the issuer and co-lead underwriters decided to launch a rebate mechanism to adjust the scale of offline and online offerings, which will be rounded up to an integer multiple of 500 shares after deducting the final strategic placement portion 50,210.25 million shares) were transferred back from offline to online. The number of publicly issued shares referred to in this section is calculated based on the total amount of offline and online issuance before over-allocating and after deducting the number of strategically placed shares.
After the launch of the over-allotment option and the online and offline rebate mechanism, the final number of shares issued offline was 217,3133,38,800 shares, accounting for about 36.07% of the number issued after deducting the final strategic placement amount after the full exercise of the over-allotment option, and about 28.25% of the number issued after the full exercise of the over-allotment option; the final number of shares issued online was 3851.1035 million shares, accounting for about 63.93% of the number of shares issued after deducting the final strategic placement amount. Number of issues issued after full exercise of the right of option 50.07% After the launch of the callback mechanism, the final winning rate for online distribution was 0.47141739%.